An Illinois congressman sees the possibility of productive negotiations over the so-called “fiscal cliff.” The fiscal cliff on Jan. 1 will usher in tax increases and spending cuts considered too steep for the economy to digest and that nobody in Washington wants, unless Congress works out a different deal.
Click here for summary
U.S. Rep. Jan Schakowsky (D-Evanston, pictured) says while nobody could negotiate anything over the last two years, it looks like now the ice is melting. “Obviously the proof will be in the pudding, but the attitude is significantly different than before we left for the election season. [It] sounds much more open to compromise,” she said.
Schakowsky says Democrats and Republicans historically have been able to compromise on important legislation; the gridlock of the last two years was new. Schakowsky says there is definitely a philosophical disagreement over what the cost of government should be and who should pay it, but she says members are not against compromise.
Members of Congress returned to Washington Monday and are scheduled to finish the year on Dec. 14. The new 113th Congress will be sworn in on Jan. 3, 2013.